Lincoln Electric Holdings Inc. has signed a Memorandum of Understanding and entered into exclusive negotiations to acquire Air Liquide’s subsidiary, Air Liquide Welding.
Air Liquide Welding is subject to a definitive agreement between the parties and customary conditions and provisions for a transaction of this type, including the “information-consultation” process with the employee representative bodies and the applicable competition authorities’ approval.
J.P. Morgan Securities LLC is acting as the financial adviser and Jones Day is acting as legal adviser to Lincoln Electric.
